A FIRST! AmerenUE Purchases 102 Megawatts of Wind Power - Enough for 26,000 Households
19 June 2009 - 12:30AM
PR Newswire (US)
ST. LOUIS, June 18 /PRNewswire-FirstCall/ -- Ameren Corporation
(NYSE: AEE) subsidiary AmerenUE, announced today that, in a
first-ever venture for the company, AmerenUE has signed an
agreement to purchase 102 megawatts (MW) of wind power from phase
II of Horizon Wind Energy's Pioneer Prairie Wind Farm in Iowa.
That's enough to power 26,000 households. This farm is fully
operational with both phases having a total capacity of more than
300 megawatts (MW). For a look at a typical wind farm, visit the
Web site of the American Wind Energy Association (AWEA)
http://www.awea.org/. The power AmerenUE is purchasing will tie
into the Midwest Independent System Operator (MISO) transmission
grid, of which the company is a member, fulfilling AmerenUE's
commitment to add 100 megawatts of renewable capacity to serve its
Missouri customers by 2010. "This is only one of many initiatives
we have established to increase renewable resources and improve the
environment," says AmerenUE President and Chief Executive Officer
Warner L. Baxter. "We will be looking for additional opportunities
as we increase the amount of renewable resources in our generating
portfolio. This is a significant first step toward further
diversifying our fuel mix and demonstrating our commitment to
environmental stewardship." As a culmination of a thorough,
multi-year review of proposals, AmerenUE chose the already
established Pioneer Prairie Wind Farm for this purchase and
recently signed a 15-year power purchase agreement (PPA) to
commence on Sept. 1 of this year for about one third of the wind
farm's output. Pricing and other contract terms were not disclosed.
Horizon Wind Energy LLC ("Horizon") develops, constructs, owns and
operates wind farms throughout North America. Based in Houston,
Texas, with over 20 offices across the United States, Horizon has
developed more than 2,800 megawatts (MW) and operates over 2,000 MW
of wind farms. Horizon is owned by EDP Renovaveis S.A. ("EDPR"),
headquartered in Madrid, Spain, and a subsidiary of Energias de
Portugal, S.A. ("EDP"), a vertically-integrated utility company
based in Portugal. EDP is currently ranked third in the United
States in wind energy by net installed capacity. Through its
various constituent businesses, EDP holds significant electricity
and gas operations in Europe, Brazil, and the United States. With
assets of over $23 billion, Ameren serves approximately 2.4 million
electric customers and nearly one million natural gas customers in
a 64,000 square mile area of Missouri and Illinois. Ameren owns a
diverse mix of electric generating plants strategically located in
its Midwest market with a generating capacity of more than 16,400
megawatts. DATASOURCE: Ameren Corporation CONTACT: Susan Gallagher
of Ameren, +1-314-554-2175, ; or Tim Fox of AmerenUE,
+1-314-554-4335, ; or Sarah Bray of Horizon Wind Energy,
+1-713-265-3010, Web Site: http://www.awea.org/
http://www.ameren.com/
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